PTSB to be sold to Austria’s BAWAG Group in whopping takeover deal

PTSB is set to be sold to an Austrian banking group in a whopping €1.6billion deal. The Irish Government agreed to sell its stake of 57.5% in the bank for €931million on Tuesday morning. Minister for Finance Simon Harris announced the decision to his Cabinet colleagues at around the same time. The PTSB board is […]